A man walks past an electronic board showing stock visualizations outside a brokerage, in Tokyo, Japan, March 17, 2023. REUTERS/Androniki Christodoulou
SYDNEY — Asian shares dithered on…
FILE PHOTO: An aerial view shows Majnoon oil field near Basra, Iraq, May 12, 2023. REUTERS/Essam Al-Sudani/File Photo
NEW YORK — Oil prices slipped on Friday and were flat on the week…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024. REUTERS/Brendan McDermid/File Photo
NEW YORK — The S&P 500 ended little…
New designer doubtGucci sales fell in the final months of last year as the label struggled to lure more wealthy shoppers to its pricey Double G belts and Princetown slippers. Kering chief…
Across the Pacific, the Bank of Japan will announce its latest decision on interest rates on Tuesday. It’s been keeping rates below zero in hopes of goosing the economy and inflation.…
LoadingTechnology companies (down 0.3 per cent) and communication services (down 0.6 per cent) were also weaker, as enterprise software firm TechnologyOne lost 0.8 per cent and real…
For months, traders on Wall Street have been trying to get ahead of the Federal Reserve and guess when cuts to rates will arrive. They have already sent stock prices higher and bond…
The market is “euphoric on AI,” according to Savita Subramanian, equity strategist at Bank of America. That can be a concerning signal because too much excitement about stocks can push…
In the meantime, the hope is that a solid economy will fuel growth in profits for US companies, even if it means a delay to rate cuts.Salesforce.com became one of the latest companies to…
The lowdownElsewhere on the ASX, Super Retail Group, which owns the SuperCheap Auto and Rebel brands, slid 6 per cent despite beating earnings and revenue expectations.Super Retail Group,…